Understanding financial concepts and skills and using them effectively in everyday life is known as financial literacy. Budgeting, investing, credit management, and financial management are basic financial skills that everyone should have. Financial literacy is the cappotential to manipulate money. Achieving many life goals, such as retirement, college, or even travel, is made easier with well-managed financial planning

College students face unique financial challenges. They are at an age when acquiring basic financial skills and knowledge can have a significant impact throughout adulthood. Financial literacy for students is especially too important .

1. BUDGETING TO ACHEIVE FINANCIAL SOUNDNESS:

Budgeting is a plan for tracking your income and expenses. Budgeting helps you decide where your money goes. College students usually have ideas about their future career, salary, and standard of living. But it's important to start managing your money now to stay financially healthy long-term after graduation. This is where budgets and financial planning come into play.

Budgeting prioritizes income and expenses. Income have to be more than or samel to expenses. Assign a purpose to each dollar to know where the money is going.

Living within income and budget limits is a financial doctrine that adults need to learn. Manage your money by tracking how you spend, save and invest.

2. UNDERSTAND THE RELATIONSHIP BETWEEN CREDITS,LOANS AND LIABILITIES:

To avoid debt, college students need to understand different types of borrowing, especially credit cards and loans. Used responsibly, these financial instruments can help improve your credit rating and all the benefits that come with it (lower interest rates, more likely approval for large purchases such as cars and homes).

3. SAVING AND MAKING INVESTMENT FOR THE FUTURE:

College students have a distant future and are often slow to take steps toward important financial milestones such as retirement and home ownership. But by starting early, students can pave the way to a secure financial future.College students learn to prioritize savings and investments, and channel a portion of their income toward long-term financial goals. must be used. Small amounts of savings and investments can turn into huge amounts over time. That's the magic of compound interest.

Saving money is key to achieving your short-term and long-term financial goals. Decide how much you want to save by setting financial goals, allocating money, and sticking to a schedule. Investment.

Investing is a key factor in building future wealth. The sooner you start, the more profit you can make thanks to compound interest. Always benefit from employer-friendly pension contributions

4. ENTREPRENEURSHIP FOR STUDENTS:

Financial literacy skills for students can be acquired through educational institutions.  21st Century entrepreneurs courses for kids and Teachers states that with financial literacy, you can manage your personal budget, including entrepreneurship. Entrepreneurship education can provide financial literacy to manage business growth and development.

Financial literacy is equally important  for  all students,adults,youngsters (including all people). Upsurge is giving the platform to all the people to learn about the financial literacy. Goal of Upsurge to give financial literacy to all people.